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Banking & Financial Institutions

Treasury announces auction for shares in Hartford Group

by Jay Heflin - 09/20/10 1:50 PM ET
by Jay Heflin - 09/20/10 1:50 PM ET

The offering is expected to price through a modified Dutch auction managed by Deutsche Bank Securities, as well as Aladdin Capital LLC, Cabrera Capital Markets LLC, Lebenthal & Co. LLC, Sanford C. Berstein & Co. LLC and SL Hare Capital Inc.

The auction is slated to occur Tuesday, 8 a.m. to 6:30 p.m.

The minimum bid price is $10.50 per warrant.

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